This page reflects CTVA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — CTVA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $80.00 (5.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$2.85
±3.3%
Days to Expiry
15
Calendar days
Total Call OI
1,154
Nearest expiry
Total Put OI
1,549
Nearest expiry
P/C OI Ratio
1.34
Put-heavy
Spot Price
$85.80
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$80.00
5/15/2026, 11:10:53 PM
2026-06-18
$70.00
6/18/2026, 11:10:48 PM
2026-07-17NextUpdated
$80.00
7/3/2026, 11:08:40 PM
2026-08-21
$70.00
7/3/2026, 11:08:40 PM
2026-09-18
$75.00
7/3/2026, 11:08:40 PM
2026-12-18
$70.00
7/3/2026, 11:08:40 PM
Selected expiration: 2026-07-17 at max pain $80.00.
CTVA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
4805000
4805000
55
1000
3256000
3257000
65
5000
1707000
1712000
70
11000
939500
950500
75
22000
195000
217000
80
63500
24000
87500
85
204500
0
204500
90
538500
0
538500
95
1097500
0
1097500
100
1664500
0
1664500
105
2234000
0
2234000
110
2808500
0
2808500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.